Amazon Expands Business into Cloud and Healthcare Sectors

Amazon is shedding its traditional image as a 'retail company' by expanding its business into cloud computing services and the healthcare sector.

Amazon has announced 'AWS European Sovereign Cloud,' an independent cloud environment designed to meet the data sovereignty and storage regulations of European governments and businesses. Furthermore, it has enhanced its technological infrastructure by introducing Amazon EC2 M9g instances equipped with Graviton5 chips and revealing collaborations targeting the demand for vector databases and AI workloads.

Amazon Pharmacy is expanding access to prescriptions for the weight-management drug 'Wegovy,' and the Ring app has introduced the 'Fire Watch' feature, which provides real-time information during wildfires, signaling an expansion in consumer services as well.